Cost of living comparison
Iceland is 2.9 times more expensive than Turkmenistan overall.
- Restaurants
-
pay 17.1% more in Iceland
- Groceries
-
pay 21.5% less in Iceland
- Transportation
-
pay 4.2 times more in Iceland
- Housing
-
pay 13.2% more in Iceland
- Childcare
-
pay 11.3 times more in Iceland
- Entertainment and Sports
-
pay 13.6% less in Iceland
- Clothing
-
pay 5.6% less in Iceland
The cost of childcare, transportation, restaurants, and housing in Iceland are more expensive than in Turkmenistan. Expenses including groceries, entertainment and sports, and clothing are lower in Iceland. Notably, childcare and transportation are significantly more expensive in Iceland.
If you lived in Iceland instead of Turkmenistan, you would:
pay 17.1% more for restaurants
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$34.54
TMT120.90
|
$19.40
ISK2,717
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.82
TMT44.87
|
$16.94
ISK2,373
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.24
TMT11.34
|
$2.81
ISK394
|
|
| Bottle of water (11 fl. oz) |
$1.04
TMT3.66
|
$2.02
ISK283
|
|
pay 21.5% less for groceries
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.39
TMT8.35
|
$2.95
ISK414
|
|
| Local cheese (8 oz) |
$17.90
TMT62.65
|
$7.27
ISK1,017
|
|
| Milk (1 gallon) |
$16.12
TMT56.43
|
$6.01
ISK841
|
|
|
Eggs
1 dozen
|
$6.84
TMT23.93
|
$5.42
ISK759
|
|
| Boneless chicken breast (1 lb) |
$5.38
TMT18.85
|
$8.51
ISK1,191
|
|
| Apples (1 lb) |
$2.71
TMT9.50
|
$1.22
ISK171
|
|
| Bananas (1 lb) |
$4.01
TMT14.02
|
$1.03
ISK144
|
|
| Oranges (1 lb) |
$3.65
TMT12.78
|
$1.17
ISK164
|
|
| Tomatoes (1 lb) |
$1.71
TMT5.99
|
$1.87
ISK262
|
|
| Potatoes (1 lb) |
$1.03
TMT3.62
|
$1.23
ISK173
|
|
| Onions (1 lb) |
$0.84
TMT2.94
|
$0.78
ISK110
|
|
pay 4.2 times more for transportation
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$1.56
TMT5.47
|
$8.36
ISK1,171
|
|
| Monthly public transit pass |
$8.55
TMT29.91
|
$71.28
ISK9,983
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$43,803.42
TMT153,311.97
|
$40,660.66
ISK5,694,526
|
|
| Taxi trip in downtown area (5 miles) |
$9.69
TMT33.90
|
$22.04
ISK3,086
|
|
pay 13.2% more for housing
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$94.97
TMT332.38
|
$72.17
ISK10,108
|
|
| 1-Bedroom apartment in downtown area |
$1,125.36
TMT3,938.75
|
$1,838.04
ISK257,417
|
|
| 1-Bedroom apartment outside city center |
$747.86
TMT2,617.52
|
$1,497.77
ISK209,763
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$435.73
TMT1,525.05
|
$58.01
ISK8,125
|
|
pay 11.3 times more for childcare
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$22.79
TMT79.77
|
$258.16
ISK36,156
|
|
| Middle school for 1 child, two semesters | ?? |
$5,993.99
ISK839,459
|
|
pay 13.6% less for entertainment and sports
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.06
TMT17.70
|
$9.19
ISK1,287
|
|
| Cappuccino in mid-range area |
$6.98
TMT24.43
|
$4.65
ISK651
|
|
|
Pack of cigarettes
Marlboro or similar
|
$28.49
TMT99.72
|
$11.76
ISK1,646
|
|
| Monthly membership at local gym |
$147.20
TMT515.19
|
$61.46
ISK8,607
|
|
| Movie ticket to theater/cinema |
$14.25
TMT49.86
|
$14.35
ISK2,009
|
|
pay 5.6% less for clothing
|
Turkmenistan
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$85.47
TMT299.15
|
$111.23
ISK15,578
|
|
|
Regular dress
from H&M or similar store
|
$121.08
TMT423.79
|
$59.69
ISK8,359
|
|
|
Running shoes
Nike or Adidas
|
$163.82
TMT573.36
|
$148.00
ISK20,727
|
|
| Men's business shoes (leather) |
$170.94
TMT598.29
|
$184.49
ISK25,838
|
|
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